STRATEGIC MANAGEMENT:C+C (CASE STUDY)
STRATEGIC MANAGEMENT:C+C (CASE STUDY)
19th Edition
ISBN: 9781307294491
Author: Rothaermel
Publisher: MCG/CREATE
Question
Book Icon
Chapter 10, Problem 1DQ
Summary Introduction

To explain: How a relationship changes when a multinational enterprise changes from globalization 2.0 to globalization 3.0 operations.

Expert Solution & Answer
Check Mark

Explanation of Solution

Changes in a relationship when a multinational enterprise changes from globalization 2.0 to globalization 3.0 operations:

The transition of moving a firm from vertical integration to dividing the integrated firm into the functional departments can be related to the transition from globalization 2.0 to globalization 3.0 operations. In globalization 2.0 the multinational enterprises were required to duplicate their operations into the overseas markets. But, this strategy resulted in the wastage of resources.

In globalization 3.0, a multinational enterprise can select the different location that will be best suited for the supply chain activities. After choosing the specific location, operations will be shifted to the particular location. Each of the major operations of a firm such as finance, marketing, operations, and human resources will be in different countries and so on. Hence, in globalization 3.0 a network kind of supply chain is created even though it means it is outside the organizational boundary.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
When learning about human resource management, it is important to have an understanding of the ______ section of the practitioner’s model of human resource management. This section contains the things that are most critical to the organization’s basic stability and success. Current HRM, Strategic Planning, and HR Laws Technical Skill Staffing Developing and Managing Protecting and Expanding
What is one of the certifications HR professionals can obtain?BER BAS HHR PHR ULC
Brooklyn is using the computer to organize documents needed for an upcoming meeting. After the documents are organized into files on the computer, Brooklyn will e-mail the documents to meeting participants. Brooklyn is using ______ skills to complete this task. interpersonal technical business documentation conceptual and design
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage